FEX Options History — January 2021

In January 2021, FEX traded between $72.38 and $77.32. ATM implied volatility averaged 26.4%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 12.9% (HV 20d: 13.5%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-01-07: Highest Volume — 3 contracts
  • 2021-01-27: Largest IV spike — 87.4% change
  • 2021-01-27: Highest IV Rank — 42.3%
  • 2021-01-27: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.66$72.38$77.32$72.38$73.81
ATM IV26.4%19.9%44.0%29.7%27.6%
Expected Move7.0%5.6%12.6%6.8%7.9%
HV 20d13.5%10.3%19.0%10.6%19.0%
HV 60d15.4%13.9%15.8%15.2%15.1%
IV Rank17.4%8.1%42.3%22.0%19.1%
IV Percentile34.2%9.5%85.7%53.2%43.3%
Term Structure-1.6%-8.0%5.3%-0.2%5.3%
Skew 25d8.3%3.9%15.8%13.8%11.4%
Skew 10d8.6%4.9%23.3%23.3%17.2%
Call IV 25d19.0%14.2%29.3%19.8%27.7%
Put IV 25d27.3%22.4%45.1%33.6%39.1%
Bid-Ask Spread %136.8189.39164.3989.39127.42
Gamma HHI0.170.130.230.150.17
Net GEX10.1K5.7K12.6K11.6K9.8K
Net DEX-814.1K-886.4K-697.0K-697.0K-756.3K
Net VEX-600-1.1K-151-1.1K-777
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.4740300
Total OI143.737141147145144

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$72.38$0.0029.7%6.8%10.6%22.0%0.0%13.8%-0.2%11.6K-697.0K-1.1K0.0089.39N/AN/A0012124
2021-01-05$73.14$0.0031.1%8.0%10.3%24.0%0.0%3.9%-6.7%12.6K-736.2K-9190.00128.51N/AN/A0012124
2021-01-06$74.39$0.0030.3%5.9%11.8%22.9%0.0%7.5%-1.0%12.0K-768.3K-8460.00136.98N/AN/A0012124
2021-01-07$75.82$0.0023.5%5.6%13.3%13.3%0.0%10.4%4.4%11.8K-816.0K-6950.00131.05N/AN/A3012124
2021-01-08$75.95$0.0026.5%5.9%12.7%17.5%0.0%10.1%-1.1%12.4K-830.3K-6700.00127.75N/AN/A0012324
2021-01-11$76.07$0.0019.9%6.4%12.6%8.1%0.0%5.7%-0.0%12.4K-800.3K-7720.00139.45N/AN/A1012124
2021-01-12$76.77$0.0032.6%6.1%12.6%26.2%0.0%5.5%-0.3%11.2K-825.1K-7010.00139.56N/AN/A0012124
2021-01-13$76.62$0.0021.0%6.0%12.6%9.7%0.0%6.0%-1.1%12.2K-848.2K-5100.00140.59N/AN/A2012124
2021-01-14$76.93$0.0021.3%6.1%12.3%10.1%0.0%6.0%-1.1%11.2K-846.8K-5100.00139.99N/AN/A0012024
2021-01-15$76.13$0.0022.8%6.5%13.1%12.3%0.0%8.8%-0.2%12.4K-805.8K-6820.00139.88N/AN/A0012024
2021-01-19$76.78$0.0022.1%6.3%13.2%11.3%0.0%6.6%-1.2%8.0K-833.6K-5230.00140.67N/AN/A0011823
2021-01-20$77.32$0.0022.1%6.3%13.1%11.2%0.0%5.9%-1.3%5.7K-886.4K-2000.00141.12N/AN/A0011823
2021-01-21$77.00$0.0021.7%6.2%13.3%10.7%0.0%5.9%-1.7%6.8K-852.0K-4000.00140.92N/AN/A0011823
2021-01-22$76.79$0.0021.5%6.2%13.4%10.4%0.0%6.4%-1.2%5.8K-884.6K-1510.00141.12N/AN/A0011823
2021-01-25$76.56$0.0036.8%10.5%13.5%32.2%0.0%10.1%-6.6%10.4K-865.3K-2290.00164.39N/AN/A3011823
2021-01-26$76.11$0.0023.4%6.7%13.3%13.2%0.0%6.9%-5.0%6.6K-851.6K-4480.00141.49N/AN/A0012123
2021-01-27$73.94$0.0044.0%12.6%17.2%42.3%0.0%15.8%-8.0%11.4K-714.6K-9150.00164.12N/AN/A0012123
2021-01-28$75.10$0.0023.4%6.7%17.8%13.2%0.0%10.3%-2.8%7.5K-849.6K-3340.00124.93N/AN/A0012123
2021-01-29$73.81$0.0027.6%7.9%19.0%19.1%0.0%11.4%5.3%9.8K-756.3K-7770.00127.42N/AN/A0012123